Data sharing a cost reform delayed 28 February 2017 5:07PM Reluctance by banks and government agencies to share data with alternative lenders is driving up the cost of borrowing in Australia, according to claims made at the AltFi Australasia conference. read more
Mortgage Choice has record-breaking year 24 February 2017 5:07PM Mortgage Choice chief executive officer John Flavell yesterday unveiled interim results for year to 31 December what he termed the "best ever" home loan settlement result. read more
SME fintech lender Prospa in $25m venture capital funding deal 23 February 2017 5:16PM Online leader Prospa has landed what it claims is the largest fintech venture capital investment to date in Australia. read more
Money3 move to car loans yields profits 23 February 2017 5:15PM Personal loans provider Money3 yesterday announced net profit after tax of A$13.7 million to December 2016, up from $10.0 million. read more
Australia bucks the trend with a big year for fintech investment 23 February 2017 5:13PM Overall global fintech investment declined 47 per cent in 2016 despite record venture capital funding of US$13 billion, but Australia bucked the trend. read more
Code Monitoring Committee framework wears blame 22 February 2017 5:18PM The Code Compliance Monitoring Committee was set up to fail, with any inadequacies down to its resourcing and the failings of the Code of Banking Practice, says independent reviewer Phil Khoury. read more
MyState ramps up broker network and tech transformation 20 February 2017 5:20PM Banking and wealth management group MyState's after-tax profit for the half year to 31 December 2016 was up 0.7 per cent on the previous corresponding half, with its CEO promising a big second half. O.. read more
QTC readying for first green bond issue 17 February 2017 6:04PM Queensland Treasury Corporation is planning to issue certified and independently verified green bonds to domestic and international investors. read more
Digital natives are getting restless, says Accenture 17 February 2017 5:02PM Consulting firm Accenture has released the findings from a new Australian consumer banking survey, which found that almost a third of banking customers are 'nomads' itching to move on. read more
Unisys pitches innovation to mid-tier banks 16 February 2017 5:30PM Major tech firm Infosys has launched a bold play for the midtier bank market with a suite of new products and services that the company promises will enable the banks to deliver a "frictionless bankin.. read more